MV Mail Weekly Recap: March 2, 2021

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Below is a quick summary of the investment opportunities listed on the MicroVentures platform as of March 2, 2021.

Just Listed

Audubon
Biotechnology company offering biospecimen procurement services
Key Highlights:
• Generated ~$4.19M in revenue in 2020, a 131% year-over-year increase
• 40+ customers across the public and private sector

Active Offerings

CISAPP
Blockchain-based social media platform
Key Highlights:
• Participating in the Seed Round Capital (SRC) tech startup program
• More than 22.2k users have signed up for CiSApp during its beta testing

MicroSalt
A new, breakthrough salt delivering full sodium flavor with 50% less sodium
Key Highlights:
• Patented a salt nanoparticle MicroSalt® created to provide full-salty flavor with 50% less sodium
• Partnered with Gehring-Montgomery, Hanks Brokerage, and Accurate Ingredients to expand MicroSalt® distribution and sales in the U.S. and with FXM Ingredients to expand into Mexico

Oscilla power
Wave energy converter
Key Highlights:
• Earned commitments for more than $18M in grant funding for its novel wave energy conversion technology, with funding allocated based on matching private funding and product milestones
• Holds 22 granted patents related to technology and product design

Dare
Social media app centered around dares
Key Highlights:
• Anticipates launching new version of mobile application
• Secured agreement with Epidemic Sound to use musical catalogue for DARE app user videos

Pllay
Peer-to-Peer video game wagering platform leveraging AI
Key Highlights:
• Over 31.3k app downloads and ~113k impressions since launch in June 2020
• 2.7k monthly active users in September 2020, up from 700 in June 2020

Remedy Processors
Cannabis and hemp company offering cannabis products and B2B services
Key Highlights:
• Generated more than $303k in revenue through October 2020, up 1,474% when compared to the same period last year
• Earned customers like Frosty’s Extracts, Imperial CBD, Full Sail Farms, and Everything Hemp in 2020

MYGN
Shared kitchen spaces for developing, manufacturing, and distribution of cannabis and CBD-infused products
Key Highlights:
• First facility in Orange County, California, expected to be completed soon
• Founding team members have 21+ years of combined experience and collectively have previously founded and scaled three licensed cannabis facilities in Colorado and California

Unomi
Software platform for animators
Key Highlights:
• Founder sold his last company to AOL in June 2016
• Creating an even larger suite of products that implement voiceovers, motion capture, and personal avatar building so users can have even more tools when designing and producing their animated content

Million Marker
Personal environmental exposure analysis and tracking for consumers
Key Highlights:
• Y Combinator Spring 2019 cohort graduate
• Partnership agreement with the University of California, San Francisco and support from Stanford University School of Medicine and Johns Hopkins School of Public Health

Hudson Space Systems
Microgravity research services company
Key Highlights:
• Developing reusable space launch vehicles to make microgravity services accessible to a broad spectrum of customers
• Filed a private provisional patent application, “Unibody Liquid Bipropellant Rocket Engine,” in February 2020

Vital Leaf
Line of organic, CBD-infused chocolates, tinctures, body balm, and capsules
Key Highlights:
• Products sold in over 300 retail locations across the U.S.
• Retailers and partners include Wegmans, New Seasons Market, New Leaf Community Market, National Co+op Grocers, and Good Earth Natural Foods

Petpal
Indian pet care supplies e-commerce platform
Key Highlights:
• Average order size of $35.84 in Q1 2020, the largest since the company’s inception
• Intends to launch pet protection plan for dogs, “K9care,” in India in Q3 2020

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